Saudi Real Estate Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 389.12 million compared to SAR 384.88 million a year ago. Net loss was SAR 15.62 million compared to net income of SAR 12.09 million a year ago. Basic loss per share from continuing operations was SAR 0.04 compared to basic earnings per share from continuing operations of SAR 0.03 a year ago.
For the nine months, sales was SAR 1,137.57 million compared to SAR 1,254.82 million a year ago. Net loss was SAR 89.27 million compared to net income of SAR 27.95 million a year ago. Basic loss per share from continuing operations was SAR 0.24 compared to basic earnings per share from continuing operations of SAR 0.09 a year ago.